Current:Home > FinanceAshley home furnishings to expand Mississippi operations-InfoLens
Ashley home furnishings to expand Mississippi operations
View Date:2025-01-09 08:22:47
JACKSON, Miss. (AP) — Ashley Furniture Industries plans an $80 million expansion at its two facilities in Mississippi’s Lee County, creating at least 500 new jobs as a result.
The Mississippi Development Authority said Wednesday the project will expand Ashley’s foam and mattress production in Verona through the purchase and renovation of a neighboring facility and the construction of a new one. The company also plans to expand operations in Saltillo, currently the country’s largest mattress plant, with a substantial investment in equipment and operations, the agency said.
“This strategic investment reinforces our commitment to growth and allows us to better serve our customers. By expanding our capabilities in Mississippi, we are creating more job opportunities and strengthening our presence in the region,” said Ashley CEO and President Todd Wanek in a news release.
“Ashley Furniture is already one of Mississippi’s most well-known job creators,” Gov. Tate Reeves said. “As the world’s largest manufacturer of home furnishings, Ashley’s historic commitment to Mississippi is a major boon for our entire state. ... This fantastic project only further highlights Mississippi’s global reputation as a destination for business and manufacturing.”
Ashley, the largest manufacturer of home furnishings in the world, said the project is expected to be completed by the end of 2025.
veryGood! (232)
Related
- Brian Kelly asks question we're all wondering after Alabama whips LSU, but how to answer?
- Things to know about about the deadly wildfire that destroyed the Maui town of Lahaina
- Minnesota school bus driver accused of DUI with 18 kids on board
- Why Britney Spears Will Likely Still Pay Child Support to Ex Kevin Federline After Jayden's 18th Birthday
- Amazon Best Books of 2024 revealed: Top 10 span genres but all 'make you feel deeply'
- Walgreens to pay $106M to settle allegations it submitted false payment claims for prescriptions
- J.K. Dobbins makes statement with electrifying Chargers debut
- A river otter attacks a child at a Seattle-area marina
- Tua Tagovailoa playing with confidence as Miami Dolphins hope MNF win can spark run
- Opinions on what Tagovailoa should do next vary after his 3rd concussion since joining Dolphins
Ranking
- US inflation may have picked up in October after months of easing
- Air Canada urges government to intervene as labor dispute with pilots escalates
- A look at Harvey Weinstein’s health and legal issues as he faces more criminal charges
- NCAA approves Gallaudet’s use of a helmet for deaf and hard of hearing players this season
- A crowd of strangers brought 613 cakes and then set out to eat them
- Video shows worker at Colorado Panera stop enraged customer with metal pizza paddle
- How police failed to see the suspected Georgia shooter as a threat | The Excerpt
- State Department diplomatic security officer pleads guilty to storming Capitol
Recommendation
-
Brittany Cartwright Defends Hooking Up With Jax Taylor's Friend Amid Their Divorce
-
A cat named Drifter is safe after sneaking out and getting trapped in a sewer for nearly 8 weeks
-
Tom Cruise’s Surprising Paycheck for 2024 Paris Olympics Stunt Revealed
-
Shohei Ohtani pitching in playoffs? Dodgers say odds for return 'not zero'
-
A growing and aging population is forcing Texas counties to seek state EMS funding
-
Fani Willis skips a Georgia state Senate hearing while challenging subpoena
-
A teen killed his father in 2023. Now, he is charged with his mom's murder.
-
Harris is promoting her resume and her goals rather than race as she courts Black voters